Southern Asia: Market for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings 2024

Market Size for Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Southern Asia

The South Asian market for flexible tubes, pipes and hoses of plastics, with fittings rose rapidly to $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption recorded resilient growth. Over the period under review, the market reached the maximum level in 2023 and is likely to continue growth in the near future.

Production of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings in Southern Asia

In value terms, production of flexible tubes, pipes and hoses of plastics, with fittings stood at $X in 2023 estimated in export price. Overall, production posted resilient growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production of attained the maximum level in 2023 and is likely to continue growth in the immediate term.

Exports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Exports in Southern Asia

Exports of flexible tubes, pipes and hoses of plastics, with fittings dropped to X tons in 2023, with a decrease of X% compared with the previous year. In general, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of flexible tubes, pipes and hoses of plastics, with fittings expanded notably to $X in 2023. Overall, exports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports of remained at a lower figure.

Exports by Country

The shipments of the one major exporters of flexible tubes, pipes and hoses of plastics, with fittings, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the flexible tubes, pipes and hoses of plastics, with fittings exports, with a CAGR of X% from 2012 to 2023. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest flexible tubes, pipes and hoses of plastics, with fittings supplier in Southern Asia.

In India, exports of flexible tubes, pipes and hoses of plastics, with fittings increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Southern Asia amounted to $X per ton, increasing by X% against the previous year. Overall, the export price recorded prominent growth. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked in 2023 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2023, the rate of growth in terms of prices for India amounted to X% per year.

Imports of Flexible Tubes, Pipes and Hoses of Plastics, with Fittings

Imports in Southern Asia

In 2023, after three years of decline, there was significant growth in overseas purchases of flexible tubes, pipes and hoses of plastics, with fittings, when their volume increased by X% to X tons. In general, imports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, imports reached the peak of X tons. From 2020 to 2023, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of flexible tubes, pipes and hoses of plastics, with fittings surged to $X in 2023. Overall, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, India (X tons) represented the main importer of flexible tubes, pipes and hoses of plastics, with fittings, creating X% of total imports. It was distantly followed by Bangladesh (X tons), Afghanistan (X tons) and Sri Lanka (X tons), together mixing up a X% share of total imports. Pakistan (X tons) took a little share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bangladesh (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, India ($X) constitutes the largest market for imported flexible tubes, pipes and hoses of plastics, with fittings in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2023, the average annual growth rate of value in India totaled X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Sri Lanka (X% per year).

Import Prices by Country

In 2023, the import price in Southern Asia amounted to $X per ton, jumping by X% against the previous year. Overall, the import price saw a strong increase. The pace of growth appeared the most rapid in 2021 an increase of X%. The level of import peaked in 2023 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was India ($X per ton), while Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by India (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform